We're long | 25 July 2018

25 July 2018, EUR/USD

We're long

Wave Analysis

Despite the previous week's bullish pin bars, euro is yet to show any clear moves to the upperside. We expect the downward rally that has dominated this week to be a mere correction but should not close below the previous week's opening price. If you're not already in a long position, you should wait for further retracements to look for long positions with an ultimate target at 1.23400. The anticipated bullish price rally will be the continuation of an impulsive wave cycle and may breakout above 1.23400.

Trade Recommendations:

We're long towards 1.23400

Do you know against which currencies EUR is the most profitable?

We're long

More trading assets here...

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .